Monash · 3149
Mount Waverley, VIC
population +7.8% (5y), listings tightening 5.0% YoY.
NextSuburb scoreTier C
46Average
Median house
$1.65M
5y growth
5.7%/yr
Gross yield
1.5%
Vacancy
1.4%
Stable but fully pricedHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)5.7%/yr57/100
- Population growth+7.8% (5y)78/100
- Supply tightening-5.0% YoY75/100
- Rental yield1.5%30/100
- Rental demand1.4% vacancy65/100
- Income growth+16.0% (5y)64/100
- Construction pipelineno nearby pipeline0/100
- Affordabilityabove cap0/100
Why this score
Mount Waverley scores 46/100 (Average). The two strongest signals: 7.8% population growth over five years and 1.4% vacancy rate. The standout watch-out: the median is 110% of a typical budget.
Drivers
- Population growth+7.8% (5y)
- Supply tightening-5.0% YoY
- Tight rentals1.4%
- Income growth+16.0% (5y)
Risks
- At top of budget (110% of cap)
- Thin gross yield (1.5%)
Nearest infrastructure
Suburban Rail Loop East — Glen Waverley3.0 km away
Construction · $5.0bn · completion 2035
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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